Judge Freezes Ga. Fund Manager's Assets In Fraud Suit

Law360, New York (December 21, 2010, 5:37 PM EST) -- A judge has issued a preliminary injunction against a Georgia investment manager accused by the U.S. Securities and Exchange Commission of defrauding investors in a $4.5 million scheme that traded in unregistered securities.

Judge William S. Duffey, Jr. issued the injunction Tuesday in the U.S. District Court for the Northern District of Georgia, barring Kenneth Burnt from trading or withdrawing money from the investment accounts and freezing the assets of the two companies he controls.

The SEC accused Burnt on Monday of offering unregistered securities, misrepresenting...
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Case Information

Case Title

Securities And Exchange Commission v. Burnt et al

Case Number



Georgia Northern

Nature of Suit



Amy Totenberg

Date Filed

December 20, 2010

Government Agencies

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